launched this company back in 2016, essentially an astrology API that news organizations might use

for things like horoscopes or things like that, essentially, or matchmaking or Hindu calendars

or Western Astrologies, right? He's doing over 100 million API costs per month. 350 customers

paying 120 bucks a month, so 42,000 bucks a month in revenue, up from 5,000 bucks a month just a year

of ago. Cash- positive, bootstrapped

with a team of 12 in India, turns too high at 12% per month. He's looking at bringing that down,

currently looking also at raising his first capital, maybe $800K on a $5 million pre-money valuation.

Hello, everybody. My guest today is Chandan T to wari he is a technology entrepreneur with eight years of experience

in product development and software architecture in the past he's worked with mnc's on embedding and e-learning

products he's built an astrology website winning college and created astrology api dot com in 2016 which we're

going to talk about today chandano you're ready to take us to the top? Yeah. Okay, what what does astrology

API do and what's the revenue model? How to make money from this thing? Yeah, so basically

it's a SaaS-based startup focused mainly onto the astrological domain, providing astrological

algorithms and the content to businesses such as media companies or the matrimonial websites, dating

websites and apps. So we actually collate all those data, astronomical data, and the algorithms,

and we provide it as an API. So our business model is basically a subscription, either monthly

or the annual subscriptions. And what do people pay per month on average for this?

So the average payment is around $120 to $150 per month. Okay, $120 per month. And you launched

in 2016, right? Yeah, the end of 2016. So we can say 2017. Okay. And what have you scaled

today in terms of total customers using the platform?

Yeah. So we have around 2,200 customers who are using it. So basically around 1,100 customers

who are onto the either they are integrating or the system putting this entire thing into the place.

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